New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021

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TRIBECA

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, if you look into the windows of people's homes, you're a peeping Tom ... unless you take photographs and put them up for sale. Then it's legal to spy on people because, hey, it's art! So ruled Judge Eileen Rakower after Tribeca  parents sued a voyeuristic creep — the New York Post's word — who shot pictures of their kids and sold them for up to $10,000 each (without paying or even getting a release form from the unwary models.) Homeowners beware.

We've also a lawsuit between condo-owners over what they say is their building's overpriced gym, a reminder that clothes make the doorman, and did you know that New York City apartments aren't considered "luxury" until they cost $3 million? Plus, for condo and co-ops boards, tips on noisy neighbors and meeting minutes.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, winds of change sweep New York City as Hurricane Sandy strands seniors and clobbers cars. Plus, advise on filing your insurance claims, a heads-up on changes to real estate advertising, and do you want to buy Celeste Holm's home? For condo and co-op boards, the lawsuit against The Dakota's board takes a turn, secret-identity sales increase and we give some options to help counter illegal renting.

... tiptoeing on tipping, fulminating on flooring and trying out Tribeca. And see why a broker says not to pay brokers ... directly.

How would you like to make sales dry up in your building? Or guarantee you'll lose every challenge to your authority as a board? What if you couldn't charge assessments, collect flip taxes or go after people who were in arrears? Nutty, right? Well, not so nutty if you're one of those condo or co-op boards that don't keep minutes.

Ed Fields, who has lived in Tribeca since Halloween 1982, has seen his neighborhood change – but still regards it as a “a small town” located within the vast city. He notes that change can be good, and points to the condominium he has lived in for the past 20 years as an example.

The building, at 55 White Street, was constructed in 1861, and features a striking cast-iron facade, with large picture windows, Corinthian columns, and intricate designs in the brickwork. It was one of many beautiful buildings that resulted in the neighborhood being designated the Tribeca East Landmark District in 1988.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, are the primarily Polish residents of The South Star condominium prejudiced against the Russian lady, or do they just not like her illegal hoteling? Plus, U.S. Rep. Steve Israel (D-Hauppauge) talks HUD money for superstorm-Sandy repair grants, the CityRealty website revamps and Chelsea Clinton buys a condo, in neither Chelsea nor Clinton. And for condo and co-op boards, we've got noise-and-nuisance fights on the Lower East Side and in Tribeca.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, schools rent space in a co-op and a condo, easing those buildings' upkeep costs, and a lawsuit at a Midtown East co-op says a family has turned a hallway into their personal playroom. Plus, advice on co-op admissions interviews, how to increase your apartment's value, and Nets star Deron Williams bounces into a new condo.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, we're still waiting for the New York State legislature to keep its commitment to renew the tax abatement that tries to equalize co-op / condo property taxes with those of single-family homes and townhouses. Plus, experts advise you on preparing your co-op admission package, on upping your credit score and on not rushing into a mortgage. For condo and co-op boards we've expert advise on the best and worst types of commercial tenants you can have in your building. And for Coen heads, we've word on Ethan's apartment

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